The business of rearing of chicken and producing eggs for sale has created an opportunity for some young graduates, retired civil servants and others to earn regular income and also provide employment for countless number of Nigerians. More »

Livestock feeds production is a very profitable business, the demand for animal feeds in Nigeria is high due to the fact that, livestock farmers can’t do with out feeding their animals except they want to go out of business. More »

Pirates Attacks Oil Vessel, Kidnaps Four Sailors In Bayelsa, Nigeria

Nigerian News — Pirates attacked a supply vessel off Nigeria and kidnapped four sailors in the latest such incident off the country’s oil-producing southern coast, the International Maritime Bureau said Monday. “Pirates armed with guns attacked, boarded an offshore supply vessel … and kidnapped four crew members,” the IMB’s Piracy Reporting Centre said of the Sunday attack. There were “no injuries to crew members and (the) vessel continued passage to a safe port,” it said. The attack occurred some 40 nautical miles off of Nigeria’s Bayelsa state, the IMB said. It provided no further details on the nationality of the crew or the ship. Such kidnappings occur regularly off Nigeria’s oil-producing Niger Delta region, with hostages typically released after payment of a ransom. A 2009 amnesty deal led to a sharp drop in unrest in the region, but criminality remains widespread.

On December 17, four workers from South Korea’s Hyundai Heavy Industries and a Nigerian were abducted by armed men while working at a construction site in Bayelsa. The five were freed unharmed on Friday night. A gang of about seven armed men stormed into their office, shot into the air to scare people away and made off with the hostages in a waiting speed boat to a mangrove forest, the Nigerian hostage said after his release. He said they were guarded by armed men throughout the ordeal and that their abductors made a series of telephone contacts with the company before deciding to free them. Also on December 17, well armed pirates stormed and ransacked an oil tanker off the Niger Delta and kidnapped five Indian crew members. In addition to kidnappings, pirates regularly attack tankers off the West African coast to steal fuel cargo for sale on the region’s lucrative black market. Such tanker hijackings have long occurred off Nigeria, but have recently spread to other countries in the region, including Benin and Togo, prompting authorities to boost naval patrols. Nigeria is Africa’s largest oil producer and the continent’s most populous nation with some 160 million people. The Niger Delta region remains deeply impoverished despite its oil reserves, with corruption rampant. Kidnappings in Nigeria’s south are considered a different phenomenon than those that have occurred recently in the country’s mainly Muslim north, where Islamist extremists are suspected of having abducted British, Italian, German and French hostages.-AFP